FloorPlan
Map115/88 King Street, Newtown, NSW 2042
- 1
For Sale
For Sale | $350,000
Perfectly positioned first home, bolthole, or investment
Located in the heart of Newtown this first floor apartment is set within one of the area's first warehouse conversions and offers an ultra-desirable lifestyle opportunity amid the ever-energetic atmosphere that is on offer along King Street. A great entry level, city escape or investment opportunity.
- Currently tenanted, gross rental yield 6.3%
- Positioned at the rear of the building for added privacy and peace.
- Light-filled, air-conditioned apartment offering a tranquil retreat.
- Equipped with an intercom system and shared laundry facilities.
- Complex features a resort-style pool and entertaining area.
- Steps to Hollis Park, King Street's dining, nightlife, boutiques and cafes
- Approx. 700m to Sydney University and The Royal Prince Alfred Hospital.
- Current rent: $430 per week. Expired lease.
- Council rates: $355 per quarter approx.
- Water rates: $178 per quarter approx.
- Strata rates: $1,890,27 per quarter approx.
Adam Freitas
Partner
Michael Harris
Director
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L27404370
- Property Type:Studio
- Building / Floor Area:25 sqm
We Know Your Area
R&H Suburb Profile: Newtown| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 159 |
| Average Price | $1,986,597 |
| Median Price | $1,850,000 |
| Median Rental Price | $900 p.w. |
| Change in Rental Rate (5yr) | 20 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 151 |
| Average Price | $923,808 |
| Median Price | $813,500 |
| Median Rental Price | $645 p.w. |
| Change in Rental Rate (5yr) | 34 % |
Median Trend - $1,850,000
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